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1/2 Peso
| Issuer | Banco de la República |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 1/2 Peso (1/2 COP) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banco de la República PROVISIONAL MEDIO PESO SERIE GERENTE |
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| Variants | a. Litografía Colombia S.A., Bogotá imprint on left half. ND (old dates 20.07.1942 & 20.07.1943). b. Litografía Colombia S.A., Bogotá imprint on right half (old date 20.07.1942). c. Without local printer name on left half. ND (Group 1). d. Without local printer name on right half (old date 20.07.1942). e. Without local printer name on left half (old date 20.07.1946 or 07.08.1947). f. Without local printer name on right half (old date 20.07.1946 or 07.08.1947). |
| Comments |
The Banco de la República's half-peso denomination had a peculiar economic life in mid-1940s Colombia — by 1946 it functioned largely as a fractional substitute in rural transactions where coin shortages were chronic, rather than as a note with meaningful urban circulation. ABNC printed the series in New York under the long-standing contract that covered most of Colombia's higher-security issues through this period.
Pick 397 is among the shorter-lived formats in the series; the half-peso denomination was eliminated as inflationary pressure made it economically redundant within a few years of this issue.